Tagged: germany

July 31, 2017 @ 10:04 am By JD Alois  |  

N26, a digital only challenger bank, has expanded its range of consumer loans through a partnership with auxmoney, an online lender serving Continental Europe.  As with all other products of N26 customers can access credit with just a few clicks directly on the N26. In… Read More

July 31, 2017 @ 9:34 am By JD Alois  |  

  Banco BNI Europa has formed a strategic partnership with marketplace lender Creditshelf to help provide financing to German SMEs. Creditshelf is an SME lending specialist and BNI Europa is slated to invest up to €15 million into German SMEs over the coming months. Launched in 2014,… Read More

July 26, 2017 @ 12:43 pm By JD Alois  |  

Real estate crowdfunding in Germany is expected to experience rapid growth this year. Following a precarious moment where regulators were considering blocking real estate from the crowdfunding space, we are seeing a growing number of property deals come accross our desk. Zinsbaustein.de, luanched in 2016,… Read More

July 21, 2017 @ 4:00 pm By Therese Torris  |  

Pan-European marketplace for savings products, Raisin has become the poster child of Fintech disruption as it managed to convince 75,000 investors to put more than €3 billion into savings accounts held at foreign banks. We spoke with Tamaz Georgadze, co-founder and CEO, who explained to… Read More

July 18, 2017 @ 3:50 pm By JD Alois  |  

Bits & Pretzels is a 3-day event for founders, startup enthusiasts, investors and business incubators. The festival will take place from September 24 – 26, 2017 in Munich. The best-known entrepreneurs from around the world as well as young aspiring entrepreneurs will meet at the… Read More

July 14, 2017 @ 5:27 pm By Therese Torris  |  

The German press reports that German incubator Rocket Internet is selling its participation in the multinational P2P lending platform Lendico to British hedge fund Arrowgrass. Arrowgrass already owns a small share of Lendico and wants to take over the company. Founded in December 2013 by… Read More

July 13, 2017 @ 6:01 pm By Therese Torris  |  

  Germany is a huge SME and VSME (very small business) credit market. But it is not as mature a market for online marketplace lending as the UK, the US, or even the Netherlands. This partly explains why Funding Circle Germany’s early loan book underperformed…. Read More

July 12, 2017 @ 10:43 am By JD Alois  |  

Companisto, a leading investment crowdfunding platform based in Berlin, has shared data captured by a survey of their investors.  The survey, taken from 2,300 of its registered investors (out of more than 70,000) highlights some interesting information. According to Companisto, the following information was uncovered:… Read More

July 11, 2017 @ 3:48 pm By Samantha Hurst  |  

Zuper, a data-driven financial organizer that helps people control their money and improve their financial health, has launched an equity crowdfunding campaign on Seedrs, seeking to raise €500,000. Founded in 2016, the company stated it is creating a new kind of personal finance management platform… Read More

July 10, 2017 @ 3:26 pm By JD Alois  |  

Wirecard has announced an agreement with Tencent’s WeChat Pay, one of the leading mobile payment solutions in China. WeChat or Weixin are deeply integrated into Chinese people’s daily life with a combined monthly active users of over 938 million. The mobile payment solution, WeChat Pay, has… Read More

July 10, 2017 @ 9:16 am By Therese Torris  |  

German online consumer lending marketplace auxmoney announced that it has crossed a new milestone: the marketplace has granted more than 70,000 loans worth more than €500 million in cumulated volume. Raffael Johnen, CEO of auxmoney, commented: “Half a billion euros worth of loans. This demonstrates… Read More

July 10, 2017 @ 8:16 am By JD Alois  |  

Seedrs has announced that it will be the sole equity finance provider in a new partnership with Fidor Bank, a challenger bank that launched in the UK back in 2015. Nutmeg, an online wealth manager, will also be joining Seedrs on Fidor’s new marketplace. The two platforms… Read More

July 9, 2017 @ 3:43 pm By JD Alois  |  

Described as the next milestone for the alternative finance platform, Finnest, an SME online debt-based crowdfunding platform, has been selected by Polytechnic Luft- und Feuerungstechnik GmbH to provide growth funding. Investors may now invest in an internationally leading biomass, green energy firm; “We are very… Read More

June 28, 2017 @ 7:44 pm By Cole Lyons  |  

Deutsche Börse‘s Venture Network is seeking to help German startups by making the financing stage easier for both founders and investors. Their focus is on companies in the pre-IPO phase. This allows Deutsche Börse to support new companies with a true potential for a substantial impact… Read More

June 26, 2017 @ 7:26 am By JD Alois  |  

European multi-retailer mobile wallet in Yoyo Wallet has announced a £12 million Series B round. The funding was led by the METRO Group Wholesale & Food Specialist Company, an international specialist in wholesale and food retail with top line revenue of about €37 billion a year. METRO… Read More

June 25, 2017 @ 12:40 pm By JD Alois  |  

German real estate crowdfunding platform Sarego that uses platform technology from CrowdDesk, private investors may now invest in the first real estate project on the platform. The project  is for the development company Vermehrt GmbH who is crowdfunding one million euros for the energy-efficient renovation and modernization… Read More

June 22, 2017 @ 4:46 am By Erin Hobey  |  

Since launching yesterday on Companisto, German tech firm Copaltec has raised over 163,790€ from more than 143 investors for 14.63% equity offered. having already surpassed its initial 100K€ goal, the company is now aiming to hit its 600K€ goal within the next 59 days or by 20… Read More

June 21, 2017 @ 10:01 pm By Therese Torris  |  

  The German real estate crowdfunding market is set to more than triple in size this year. Real estate developers, asset managers, and, most recently, real estate agents are joining the fray of real estate crowdfunding platforms, trying to unseat the handful of leaders who… Read More

June 19, 2017 @ 6:38 am By Erin Hobey  |  

About 30 million people in Germany suffer from intensive consulting diseases such as hypertension, diabetes or depression. In addition to drug therapy, a lifestyle change is often necessary. Berlin biologist Thomas Stuke hopes to dip further into this massive with Patient Care, a medtech app… Read More

June 15, 2017 @ 9:18 am By Samantha Hurst  |  

Germany-based incubator and accelerator F10 FinTech announced the grand opening of its Startup Batch II – Summer 2017 program. The event will be held on July 3rd in Zurich. The “Prototype to Product” program lasts for six months and offers startups support as they transition their… Read More